https://www.taxtmi.com/caselaws?id=179283 The Tribunal ruled in favor of the assessee, treating short-term and long-term capital gains as capital gains, not business income. The disallowance under Section 14A was set aside for reconsideration by the AO. The appeal by the assessee was partly allowed for statistical purposes, while the Revenue's appeal was dismissed. The order was pronounced on 30th September 2011. en-us Fri, 30 Sep 2011 00:00:00 +0530 Thu, 21 Sep 2017 09:08:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=179283 The Tribunal ruled in favor of the assessee, treating short-term and long-term capital gains as capital gains, not business income. The disallowance under Section 14A was set aside for reconsideration by the AO. The appeal by the assessee was partly allowed for statistical purposes, while the Revenue's appeal was dismissed. The order was pronounced on 30th September 2011. Case-Laws Income Tax Fri, 30 Sep 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=179283